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Jouska

Jokowi calls on OJK to 'show fangs' and protect investors, boost confidence
Business 5 years ago

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Jokowi calls on OJK to 'show fangs' and protect investors, boost confidence

The President has urged the OJK to improve industry supervision amid the government's ongoing efforts to recover the economy and draft a new omnibus law on the financial sector.
Implementation, education key as disgorgement fund scheme to take effect in July
Business 5 years ago

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Implementation, education key as disgorgement fund scheme to take effect in July

The Financial Services Authority (OJK) has issued a regulation on a disgorgement fund to protect investors from illegal conduct as stakeholders stress the importance of proper fund management and education for retail investors.
Jouska founder admits management negligence in Rp 13b client settlement
Business 5 years ago

Jouska founder admits management negligence in Rp 13b client settlement

In one of the largest scandals to hit Indonesia's budding financial services sector, a cofounder has admitted to "negligence" at the unlicensed and now shuttered financial advisory firm.
Phillip Sekuritas denies giving Jouska access to customers’ accounts
Business 5 years ago

Phillip Sekuritas denies giving Jouska access to customers’ accounts

Brokerage firm PT Phillip Sekuritas Indonesia has denied accusations that it gave now-suspended financial advisory firm PT Jouska Finansial Indonesia access to its customers' accounts.
Jouska investigated for money laundering: PPATK
Business 5 years ago

Jouska investigated for money laundering: PPATK

OJK's Investment Alert Task Force issued an instruction on July 24 that Jouska, which had gained popularity among young investors through social media, cease operations over allegations of illegal stock brokerage and investment mismanagement.
OJK shuts down Jouska, two other investment firms
Business 5 years ago

OJK shuts down Jouska, two other investment firms

The OJK’s Investment Alert Task Force also shut down PT Mahesa Strategis Indonesia and PT Amarta Investa Indonesia, which are alleged to have provided investment management services and financial advice without proper licenses.
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